3. Max. TTD has added it's aadition iPhone and iPhone 2. Smartphone to its smartphone family. These have created a record of sorts by selling more than 1 Lac phones in three days since they are launched. However Mr. Ram, CEO Max. Ltd, believe that the comapny could have bettered their sales if the supply was met as per the demand for its exciting new range of smartphone Mr. Ram also added that the company stands to deliver on its premises and hence the production capacity has been increased to meet the ever rising demand of its newly launched smartphone that have unmatched features at highly competitive prices. With reference to the above. a) Explain the pricing strategy the company has adopted to sell its new smartphones. b) Explain the stage of the product lifecycles of the smartphones as mentioned in the above case study.
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You are mad and shellfish
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